MANAGEMENT PROCESSES
Four important management processes are planning, controlling, organizing and leading. Decision making is an integral part of management process as all the other four processes involve Decision making. A particular manager may be more
concerned with say, controlling and organising, while another may be more
concerned with planning. The degree of involvement with each of these processes
may vary from manager to manager, but essentially all managers have to be
concerned with these processes. We shall first take up the planning process
because only when there is planning can the other processes follow in logical
sequence.
PLANNING
Planning is the most basic and pervasive process involved in
managing. It means deciding in advance
what actions to take and when and how to take them.
Planning is needed, firstly for committing and allocating the organisation's limited resources
towards achieving its objectives in the best possible manner and, secondly for anticipating the future opportunities and
problems.
